Eakring Road, Mansfield, NG18 3ED

The property comprises a fully let, two-storey commercial investment arranged over ground and first floor, producing a combined rental income of £28,000 per annum. The building is let in its entirety to Leaders Estate Agents on brand new commercial leases from March 2026, providing secure income backed by a strong national covenant.

The ground floor is occupied as a high-profile estate agency branch, with the first floor providing ancillary office accommodation. Although the accommodation is split across two floors, both elements are let to the same tenant on separate leases which run concurrently and are contracted on identical terms.

Tenure & Income

The investment is let on two new commercial leases to Leaders Estate Agents, one relating to the ground floor and one relating to the first floor. The leases run for a term of five years with no tenant break options, offering investors a clear and secure income profile.

The ground floor produces a rent of £19,000 per annum, while the first floor produces £9,000 per annum, giving a total combined rental income of £28,000 per annum. Both leases commence simultaneously and expire on the same date, ensuring simplicity of management and income certainty.

Tenant Covenant

Leaders Estate Agents is a well-established national estate agency operator with a substantial UK footprint. The business operates hundreds of branches nationwide and benefits from diversified income streams including residential sales, lettings, property management and associated professional services.

As a long-standing and recognised brand within the residential property sector, the tenant offers a strong covenant, making the property particularly attractive to investors seeking reliable income with minimal management requirements.

Investment Considerations

The property is offered at an asking price of £320,000 and produces a rental income of £28,000 per annum. This reflects an attractive net initial yield of approximately 8.75%, making the opportunity well suited to private investors, SIPP/SSAS purchasers and funds seeking secure income with a strong tenant covenant.

275 Eakring Road occupies a prominent position on Eakring Road (A60), one of Mansfield"s principal arterial routes linking the town centre with Nottingham and the wider region. The property lies within close proximity to Mansfield Town Centre and benefits from strong visibility, regular passing traffic and excellent accessibility.

The location provides convenient access to the A60, A617 and A38 road networks, while Mansfield itself is well served by public transport and benefits from a substantial surrounding residential population. The immediate area is characterised by a mix of commercial, retail and residential occupiers, supporting sustained demand for professional services.